China: Concerns over HNA's debt levels prompt Bank of America to halt deals with it

China: Concerns over HNA's debt levels prompt Bank of America to halt deals with it

A customer enters a Bank of America Corp. financial center in Miami, Florida, U.S., on Thursday, Jan. 5, 2017. Photographer: Scott McIntyre/Bloomberg

Bank of America Corp. has told investment bankers to stop working on transactions with HNA Group Co. for now amid growing concerns about the acquisitive Chinese conglomerate’s debt levels and ownership structure, according to people familiar with the matter.

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